Bitcoin is navigating a volatile phase around $105K–$110K, with sharp intraday swings reflecting broader macro and geopolitical sentiment. ETF flows remain a key driver—strong inflows into BlackRock’s iShares BTC Trust contrast with outflows from other spot ETFs . On‑chain data shows dwindling exchange reserves and slipping volatility to decade‑lows, hinting at stealth accumulation by long‑term holders . However, sudden sell‑offs tied to CPI surprises and conflict‑related risk‑off moves caused brief dips below $104K . With price coiling near key resistance, traders should watch $112K upside and $103K support. Manage risk, stay informed.
